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Old 03-02-2009, 03:27 PM
 
3,853 posts, read 12,869,001 times
Reputation: 2529

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Forget about the school system.

If you want your kids to get an education they have to do it on their own.

Public school doesn't teach these kids anything of value. We teach all the kids the same damn things and by the time they graduate there is 10,000,000 other kids who know more or less the same thing!

 
Old 03-02-2009, 05:27 PM
 
1,336 posts, read 1,532,582 times
Reputation: 202
Quote:
Originally Posted by Visvaldis View Post
EEEEEEEEE,
Even simple economics is much too complicated for many people. Obviously, not enough understand the basic concept that if one earns 4 apples per month, he can't spend 5 apples per month without eventually encountering problems.
One other thing - do you think business functions on fairness?
I doubt this very much. Our nation's religion is capitalism, worship it (greed is the ultimate motive), and make as much money as possible, by whatever means possible (including shady deals of all kinds). The main thing is to have highly effective lawyers that can discover loop-holes, and invent various other strategies to stay one step ahead of the law.
We live not in a society of fairness, but the rules are:
1. The ends justify the means.
2. Might makes right.
It does seem that basic economics is hard for many to comprehend. As for business, I think the good ones function on fairness and goodness. Look at Chick-Fil-A. Refuses on principle to open on Sunday. They do pretty well.
 
Old 03-02-2009, 07:49 PM
 
Location: NC
9,984 posts, read 10,395,835 times
Reputation: 3086
Quote:
Originally Posted by Visvaldis View Post
EEEEEEEEE,
Even simple economics is much too complicated for many people. Obviously, not enough understand the basic concept that if one earns 4 apples per month, he can't spend 5 apples per month without eventually encountering problems.
One other thing - do you think business functions on fairness?
I doubt this very much. Our nation's religion is capitalism, worship it (greed is the ultimate motive), and make as much money as possible, by whatever means possible (including shady deals of all kinds). The main thing is to have highly effective lawyers that can discover loop-holes, and invent various other strategies to stay one step ahead of the law.
We live not in a society of fairness, but the rules are:
1. The ends justify the means.
2. Might makes right.
I tend to agree completely, I studied economics and politics in college and through that study came to the conclusion that becoming a lawyer would be quite useful (Law School for me in 2010). The only other rule I would add is...

3. In general assume self interest is king.
 
Old 03-03-2009, 07:21 AM
 
Location: Eastern time zone
4,469 posts, read 7,197,834 times
Reputation: 3499
Quote:
Originally Posted by HIF View Post
I was looking forward to this thread when I read the title. After reading the OP, I think it should be moved to P & C.

If the thread was true to it's title, I would respond:

Schools should teach kids how to think, not what to think.
Bears repeating, and I wish I could rep you multiple times for this.
 
Old 03-03-2009, 07:23 AM
 
Location: Eastern time zone
4,469 posts, read 7,197,834 times
Reputation: 3499
Quote:
Originally Posted by Eeeee22895 View Post
If you teach economics, you're teaching conservatism. There's no getting around it.

Example: Tax an activity and you discourage it. It's undeniable.
Must be why there are so few tourists in Florida, so few smokers or drinkers, no one eating out, so few people buying airline tickets or gasoline.
 
Old 03-03-2009, 07:24 AM
 
Location: New Mexico
8,396 posts, read 9,445,226 times
Reputation: 4070
Quote:
Originally Posted by Eeeee22895 View Post
I say it's economics and what the political parties are really about. If every child were taught something about spending within your means, America wouldn't be putting up with these horrendous giveaways and pork barrel spending we are seeing the past month from the Obama administration.

Children should be taught the basics of national economics. Corporations are NOT evil; they are the very backbone of our economic system. We should teach kids that corporations invest capital, provide innovations, make necessary goods and services, and create jobs. Government does none of these.

Children should be taught to challenge the notion that high achievers should be punished by being disporportionally taxed. Kids have an instinctive understanding of fairness. Try this exercise. Ask the students how they would like to study two hours every night, do extra credit projects, and stay after school for homework help while their classmates go home and do nothing but watch TV and play video games while eating chips and drinking soda, THEN have the lazy classmates receive the better grade? That's basically what's going on with the bailout of people facing foreclosure.

Along the same vein of fairness here's another game: Child A and Child B are running for class president. Child A promises the class that he will pay each a dollar if they vote for him. Child B just promises to work hard if elected, and pledges to try to get the whole class to work harder in school. Child A then steals a $20 bill from Child B, gives a dollar to each class member and keeps the rest for himself. Child A then tells the class how generous he is for giving them money and how Child B is selfish for not wanting to give. Yet it was Child B's money all along. The poorest kids elect Child A, because they wanted the money and didn't want to have to work hard. Child A wins.

Ask the students if they think the above scenarios were fair. Then explain to them that is exactly how the two political parties operate.

Here's a final exercise:

Two people each started a business. Person A spent money very carefully. He saved what he could then bought supplies for his business only when he had enough money. He worked hard, figured out how to draw new customers, served the customers well, and earned money. He then invested that money and opened three other stores, hired a lot of people who worked hard and satisfied the customers.

Person B didn't save enough money to buy a business but he lied about his income and fooled a bank into loaning him that money. He didn't work hard, didn't serve his customers, and didn't invest his money. Instead, he lavished his money on friends and on people who helped him lie to the bank to get money. When his business started to falter, he made up more lies, fooled more banks, and borrowed more money. Finally, he told the banks he wasn't going to pay them anymore, closed the business, and the few workers he had lost their jobs.

Teachers, you don't even have to mention political parties. You don't have to. Just tell them those things are really happening with the two political parties. Appeal to their sense of fairness, and encourage them to develop the political philosophy of their own choosing. If generations of American kids were taught wonderful lessons like this every day in class, our nation would be much more prosperous, there wouldn't be as much dependency, and above all, we wouldn't be electing the folks who caused our current economic problems to "solve" the problem.

I take it that's the curriculum in your classroom?
 
Old 03-03-2009, 08:32 AM
 
Location: Sandpoint, Idaho
3,007 posts, read 6,289,333 times
Reputation: 3310
EEEeee,

If you teach economics, you're teaching conservatism.

>> You are talking out of your a$$ and clearly know nothing about long tradition of economic analysis.
>> Had I been interviewing you for a job or for a spot at a respectable university, your application would have gone straight to the circular file.
 
Old 03-03-2009, 09:13 AM
 
13,254 posts, read 33,535,081 times
Reputation: 8103
Quote:
Originally Posted by HIF View Post
This thread violates TOS.

Do not post the same message to multiple forums, this is cross-posting and multiple posts will be removed.

Copyrighted Material - Instead of copying-and-pasting articles, photos, or other material you find on the Internet, you should be posting links to those articles. Posting a snippet from the article and then the link is the appropriate way to post.
HIF is correct on both counts. My mistake for allowing it to go on so long. I've been under the weather. If you have any more points, please go the post here: NUMBER ONE thing teachers should be teaching above all else....
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